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Published 8 Oct 2026, 19:24 UTC · fetched 3 Nov 2026, 13:35 UTC
Joe McCann
@joemccann
New Position: $SPCX After nailing the long breakout and shorting the top, $SPCX has now pulled back to the exact level of the breakout ~$160. This is where I wanna be long again and the vols are all elevated. I like the $175/$200 call spreads again but this time, expiring no 11/13. They are about $4.00 per combo, which makes this a 5:1 payout, real juice in the trade. Now, if we pull back further, I will sell calls to finance this trade. Right now I'm just paying premium. Recall the market is a little creaky after the new ATH with Nasdaq, but we are in a trader's market and $SPCX is a retail favorite. I'd rather be long after this textbook pullback than flat.View original on X ↗
Deterministic: the same prices and policy always give the same result
unresolved Price missing or stale within toleranceNo price is estimated or interpolated. The outcome stays unresolved until a valid observation exists.
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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